United States was Team’s largest segment in fiscal 2025, bringing in $403.13M of $570.73M (71%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | — | $364.55M | $374.66M | $403.13M | |||||||||||
| United States & Canada | $412.66M | — | — | — | |||||||||||
| Other Countries | $141.30M | $138.94M | $135.30M | $125.41M | |||||||||||
| Canada | $95.79M | $49.97M | $39.70M | $42.19M | |||||||||||
| Europe | — | — | — | — | |||||||||||
| Other Foreign Countries | $69.68M | — | — | — | |||||||||||
| Total | $719.43M | $553.45M | $549.66M | $570.73M |
Team brought in $570.73M from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $885.67M it reports by product and service, so these segments do not cover all of its revenue. United States was the largest at $403.13M (70.6%), ahead of Other Countries at $125.41M (22.0%) and Canada at $42.19M (7.4%).
Compared with fiscal 2024, United States grew fastest, up 7.6% to $403.13M, while Other Countries fell the most, down 7.3% to $125.41M.
Team stopped reporting United States & Canada ($412.66M in fiscal 2022) and Other Foreign Countries ($69.68M in fiscal 2022) as separate segments.
Repair & Maintenance Services was Team’s largest product and service line in fiscal 2025, bringing in $426.93M of $885.67M (48%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Repair & Maintenance Services | $413.60M | $429.48M | $417.70M | $426.93M | ||
| Non-Destructive Evaluation & Testing Services | $336.82M | $343.71M | $336.58M | $359.04M | ||
| Asset Integrity Management | — | — | — | — | ||
| Heat-Treating | — | — | $67.89M | $68.21M | ||
| Heat Treating | $61.80M | $59.40M | — | — | ||
| Other | $27.98M | $26.17M | $22.09M | $31.49M | ||
| Other Services | — | — | — | — | ||
| Total | $840.21M | $858.76M | $844.27M | $885.67M |
Team brought in $885.67M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 4.9% from $844.27M in fiscal 2024. Repair & Maintenance Services was the largest at $426.93M (48.2%), ahead of Non-Destructive Evaluation & Testing Services at $359.04M (40.5%) and Heat-Treating at $68.21M (7.7%). The remaining line, Other, brought in $31.49M.
Compared with fiscal 2024, Other grew fastest, up 42.5% to $31.49M. Every line above 2% of revenue grew.
Team began breaking out Heat-Treating in fiscal 2024, when it brought in $67.89M. Team stopped reporting Heat Treating as a separate line after fiscal 2023, when it brought in $59.40M.
Iht was Team’s largest segment in fiscal 2025, bringing in $359.04M of $636.61M (56%).
| Statement Business Segments | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Teamqualspec | — | — | — | — | |||||||||
| Iht | $336.82M | $343.71M | $67.89M | $359.04M | |||||||||
| Ms | $300.10M | $259.21M | $417.70M | $277.57M | |||||||||
| Teamfurmanite | — | — | — | — | |||||||||
| Quest Integrity | — | — | — | — | |||||||||
| Total | $636.92M | $602.93M | $485.59M | $636.61M |
Team brought in $636.61M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $885.67M it reports by product and service, so these segments do not cover all of its revenue. Iht was the largest at $359.04M (56.4%), ahead of Ms at $277.57M (43.6%).
Compared with fiscal 2024, Iht grew 428.8% to $359.04M, while Ms fell 33.5% to $277.57M.
Team (TISI) reports its revenue by segment, by product and service and by statement business segments. In fiscal 2025, United States was its largest segment, bringing in $403.13M (70.6% of the total), followed by Other Countries at $125.41M (22.0%).
United States was Team's largest segment in fiscal 2025, bringing in $403.13M, or 70.6% of the $570.73M total across its three segments.
Repair & Maintenance Services was Team's largest product and service line in fiscal 2025, bringing in $426.93M, or 48.2% of the $885.67M total across its four product and service lines.
Among Team's segments that make up at least 2% of revenue, United States grew fastest in fiscal 2025, up 7.6% from $374.66M to $403.13M.
Every figure comes from Team's annual financial filings, as reported. Each line keeps the name Team gives it, and years follow its fiscal calendar.
Team's revenue by segment goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.